Travel, said: “While inflation has started to ease over the last year, our latest research has shown holiday prices bucking the trend, with a combination of increased demand, alongside rising energy and fuel costs, contributing to higher prices for holidaymakers.
The analysis took into account prices for more than 8,000 European package holidays, comparing bookings made this month for an August departure with bookings made in January 2024 for an August 2024 departure.
Holidaymakers hit by above-inflation rises in cost of summer trips – analysis European package holidays are up to 11.5% more expensive this year compared with 2024, according to new analysis.
said this is compared with the UK’s Consumer Prices Index measure of inflation of 2.5% in the year to December 2024, whereas the rate of inflation in the euro area was 2.4%.
said this is because of a range of factors, including high demand, rising energy costs for hotels, and capacity constraints for airlines.
